DiamondRock Hospitality Company Acquires The Bellmoor Inn & Spa
DiamondRock acquires The Bellmoor Inn & Spa in Rehoboth Beach, DE for $31M ($392K per key), targeting a stabilized NOI yield of ~9.5% after capital improvements.
DiamondRock acquires The Bellmoor Inn & Spa in Rehoboth Beach, DE for $31M ($392K per key), targeting a stabilized NOI yield of ~9.5% after capital improvements.
Azul Hospitality Group, a fully integrated operating platform delivering extensive support and resources for all facets of hotel operations, announced today the successful conversion and repositioning of the former Sheraton Carlsbad Resort & Spa to the Hotel Solea, Autograph Collection, back in March 2026.
Dreamscape Hospitality takes over management of The Doyle in Charlottesville, VA, with a planned conversion to Tapestry Collection by Hilton effective September 30.
The St. James Hotel in Selma, Alabama, has reopened its doors and joined the Marriott Bonvoy family under its Series by Marriott hotel collection, a relatively new brand for Marriott with The St. James being only the 9th one in the world. Managed by Spire Hospitality, the restored landmark overlooks the Alabama River and has been part of Selma's story since 1837, bearing witness to generations of history, culture and community. It stands proudly as the only remaining riverfront antebellum hotel in the country.
Albuquerque hotel rates peak at $265/week during the 2026 Balloon Fiesta, up 10% YoY, with data suggesting post-event demand on Oct 12-14 is being underpriced.
Flanigan's Resort & Spa near Zion National Park achieved a 57% ancillary revenue uplift in its first year using Canary's GMS, with mobile check-in, digital upsells, and smart checkout cutting front desk friction.
A 17-room Fort Lauderdale boutique hotel switched from a free pricing tool to Pricepoint, achieving a 12% RevPAR lift while maintaining 80% occupancy.
Hotel Cala, an urban resort overlooking the Hillsborough River along Tampa's iconic Riverwalk, will debut in January 2027, marking a new chapter for one of downtown Tampa's most storied properties. The 281-room property will bring a new destination for locals and travelers to dine, gather, stay and experience the city. Following an extensive transformation by internationally renowned design firm Rockwell Group, Hotel Cala draws architectural and aesthetic inspiration from Tampa's waterfront setting, tropical character and multicultural heritage, including its Italian and Cuban roots.
Coury Hospitality, now managing 40+ US hotels after doubling its portfolio in 2025, has been appointed by ACORE Capital to manage THE RIVVY in Chicago and Marriott Tacoma Downtown.
Outbound Hotels announced that reservations are now open for Outbound Park City, a reimagined 180-room, 4.5-acre alpine retreat set to open in early 2027. With views of the Wasatch Mountains, Outbound Park City will feature design rooted in its surroundings, outdoor-focused amenities and spaces built for gathering.
Rimrock Banff, Emblems Collection has emerged from a $115 million CAD reimagination - redefining the storied mountaintop resort as an intimate, alpine-wrapped retreat. Architecturally sculpted into the Canadian Rockies, standing high above Banff, the resort invites guests to experience one of North America's most extraordinary landscapes through transformative wellness, immersive outdoor adventure, destination-driven dining and a profound connection to the land itself.
Downtown Dallas hotels face soft occupancy through 2030 due to convention center renovation, but FIFA 2026, a $3.8B KBHCCD overhaul, and major Uptown corporate and hotel investments point to long-term recovery.
A former hotelier turned Mews employee shares hard-won advice on PMS procurement: start with operational pain points, involve all staff, and use the switch as a chance to rethink workflows.
Luxury Simplified Retreats, a South Carolina coastal villa operator founded in 2012, joins Nocturne Luxury Villas Collection, expanding the portfolio to nearly 1,600 homes across North America and the Caribbean.
Valencia Hotel Collection rebrands as Valencia Collection, launching a new name, emblem, and co-branding system across its eight independent hotels in Texas and California.
Mandarin Oriental honoured the groundbreaking of Mandarin Oriental, Miami and The Residences at Mandarin Oriental, Miami, a significant milestone in the brand's return to one of the world's most dynamic luxury destinations.
Hyatt targets U.S. expansion across 300+ submarkets with a structured financing program for Hyatt Studios, a redesigned Hyatt Place prototype cutting build costs by 25%, and new conversion brands.
Grand Bohemian Mountain Brook begins operating as Hotel Wildemont, an Autograph Collection Hotel, introducing a new identity inspired by the area’s natural beauty, garden-community roots and refined Southern sensibility. The evolution reflects the hotel’s continued role as a refined retreat and gathering place for locals, travelers and the surrounding Birmingham community.
Travel + Leisure Co. and Wyndham will co-develop hotels under the Sports Illustrated Resorts brand, targeting college towns and urban markets with properties planned for Nashville, Chicago, Baton Rouge, and Tuscaloosa.